I'm writing this from my Fort Worth command center at the end of March 2020, amid the Covid-19 Pandemic. I'm not going to include a performance update right now - it would be too depressing - but I will soon. Most of my updates are after I make a change in the portfolio, and the next one scheduled is in June, when AbbVie reaches its anniversary. I'll try to post an update … [Read more...] about More Stickiness even amid Covid-19
Update end of February
Here's my latest round of formula stock updates, prepared last week before the recent crash due to the Coronavirus. Well, I still would have been better off - WAY better off investing in the S&P 500 index. But the commission-free trades has definitely made it easier to balance my portfolio more precisely. I'm more likely to keep an existing stock that is still on … [Read more...] about Update end of February
Effect of Commission-Free Trades on the Magic Formula Portfolio
It seems about all the major trading platforms now have commission-free trades. Even Vanguard brokerage accounts now have them. The only possible downside of free trades that I can see would be that undisciplined investors now have no incentives to restrain from over-trading. They may do even less research and have even less commitment to their investment decisions. Overall, … [Read more...] about Effect of Commission-Free Trades on the Magic Formula Portfolio
XMAS Update 2019
Merry Christmas everyone! It's been a tumultuous year for me as I've moved from San Diego, CA to Fort Worth, TX. Why would I do such a thing? Not because home prices in FW are about half of what they are in San Diego (although that's nice too). It's all for the love of a good woman. The transition has been fairly smooth, and all is calm, all is bright this Christmas Morning, … [Read more...] about XMAS Update 2019
Portfolio Update 10/29/2019
Oh, hi! As the holidays approach, take a break to laugh at my misfortune. The good news is the Magic Formula Portfolio makes up only a small part of my overall portfolio, which is still mainly Vanguard Index Funds and individual stocks that pay dividends. Those investments have done well. The bad news is that this "Magic Formula Experience", which was supposed to make me rich, … [Read more...] about Portfolio Update 10/29/2019